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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: t2 who wrote (94006)4/13/2001 9:54:49 PM
From: isopatch  Read Replies (1) of 436258
 
Vision. Not to mince words but...

in a Bear Market my range motion goes from bearish to neutral to moderately bullish and that's it(G). Never get to "very bullish". That's only for corrections in a Bull Market.

Disclaimer aside, do agree this rally is going to surprise people with how powerful it is. Have been through this scenario many times in Bear Markets.

It's very bullish for there to be so much disbelief, skepticism and negativity after a rally has begun. Haven't seen so many people on so many threads who "can't wait" to get short again in a very long time.

When investors fight a rally like this? It's definitely ST bullish, and IMO we're going higher. I'm not going to try and predict a DOW or COMP number for a top. But, till my read of sentiment detects a lot more bullishness? Will ride this and add on dips till my cash levels get down to 50%.

But I'm cautious and will monitor my positions closely with mental stops.

Regards

Isopatch
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